🚨 $ETH USDT: RANGE-BOUND — WAIT FOR BREAKOUT CONFIRMATION 🚨

*(Not financial advice. Trade responsibly.)*

Price stuck between 1,964–2,038 → Bollinger Bands tightening (UP: 2,021.75 | DN: 1,964.73). RSI neutral (~50), MACD flatlining → no clear momentum. This is a consolidation zone before next big move. Don’t guess direction — wait for structure break.

✅ TRADE PLAN: WAIT FOR BREAKOUT + RETEST

LONG SETUP:

ENTRY: 2,025–2,030 (after 1h close above 2,038)

STOP: 1,985 (below mid-range)

TP1: 2,080 | TP2: 2,120 | TP3: 2,180

SHORT SETUP:

ENTRY: 1,970–1,975 (after 1h close below 1,964)

STOP: 2,010 (above range)

TP1: 1,920 | TP2: 1,880 | TP3: 1,840

RR: 1:2.5+ on both sides — scale out 50% at TP1.

🛡️ RISK: Max 1% per trade. Use 5x leverage max. Example ($1k account): ~$400 position → risk $10.

⚠️ CONFIRMATION NEEDED:

→ 1h candle CLOSE outside range + volume surge.

→ Wait for retest of broken level before entering.

No FOMO — let the market pick direction. Patience pays in choppy markets.

🔁 Share if you’re waiting for the breakout!

👇 Comment “LONG” or “SHORT” when you see the confirmed break.

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*Follow for daily SMC breakdowns & institutional-grade setups. Not financial advice.*

ETH
ETHUSDT
1,954.43
-2.84%